Prepare the lamb chops: Season the lamb chops generously with salt and pepper on both sides.
Sear the lamb chops: Heat the olive oil in a large skillet over medium-high heat. Once hot, add the lamb chops and sear for 4-5 minutes per side, or until they reach your desired level of doneness. Remove the lamb chops from the skillet and set aside to rest.
Make the garlic herb butter: In the same skillet, reduce the heat to medium. Add the butter, minced garlic, rosemary, and thyme. Cook for 1-2 minutes, stirring constantly, until the garlic is fragrant and the herbs are infused in the butter.
Serve: Drizzle the garlic herb butter over the lamb chops. Garnish with fresh parsley and serve with lemon wedges on the side, if desired.